Funding you earn now, next payment 04:00 UTC+0.0370%/8h= +40.5% APRnext payment +$1.85 per $10,000 · paid last 24h +0.402%
Price spread now: KuCoin against MEXC−0.204%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$450as in the Funding arb table
Net, price: spread back to 7d avg − costs−$635as in the Price arb table
costs, in and out, $10k−$6166.160% of the position
Funding, last 7 days+1.661%+$166 on $10k
+Price spread, last 7 days+0.314%+$31 · spread now −0.204%, 7d avg −0.015%
=Funding pays, the price is against you. KuCoin is 0.189% cheaper against MEXC than usual: you would sell low and buy high (spread −0.204% now, against its 7-day average of −0.015%). If the spread goes back, that is −$19 on $10k: about 41 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+1.661% in total) that is about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC AVA_USDT | 0.2447 | −0.1972 | get 0.0986% / 4h | 3h 36m | $372K | $180K | 50x |
| Short | KuCoin AVAUSDTM | 0.2442 | −0.1602 | pay 0.0801% / 4h | 3h 36m | $713K | $93K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against MEXC. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $77.7
- Price spread: −0.204% → −0.015%
- −$18.88
- Slippage, 4 orders
- −$599.96
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$557.14
- Costs to cover
- 6.160%
- Break-even
- 57.2 days
Slippage from MEXC: live order book, 19 min ago; KuCoin: live order book, 17 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 19 min ago | 2.04 bp | 14.1 bp −$14 | 58.2 bp −$582 | 261.4 bp −$26.1K | 549.4 bp −$274.7K |
| Sell KuCoin live order book, 17 min ago | 14.25 bp | 244.4 bp −$244 | doesn't fit | doesn't fit | doesn't fit |
AVA on 9 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate AVA_USDT | −0.3016% | 4h | 0.2446 | −0.041% | $268K | $203K | 20x | as long as short |
| Aster AVAUSDT | −0.2364% | 1h | 0.2455 | +0.341% | $12K | $44K | 5x | as long as short |
| Bybit AVAUSDT | −0.1998% | 4h | 0.2446 | −0.041% | $1.3M | $1.1M | 5x | as long as short |
| Bitget AVAUSDT | −0.1990% | 4h | 0.2439 | −0.327% | $374K | $862K | 25x | as long as short |
| Binance AVAUSDT | −0.1988% | 4h | 0.2441 | −0.230% | $3.6M | $10.3M | 25x | as long as short |
| MEXC AVA_USDTlong | −0.1972% | 4h | 0.2447 | long leg | $372K | $180K | 50x | |
| Variational Omni AVA | −0.1801% | 4h | 0.2450 | +0.128% | $8K | $9K | — | as long as short |
| KuCoin AVAUSDTMshort | −0.1602% | 4h | 0.2442 | −0.204% | $713K | $93K | 30x | |
| BingX AVA-USDT | −0.1332% | 4h | 0.2444 | −0.123% | — | $1.5M | — | as long as short |
MEXC AVA_USDT
KuCoin AVAUSDTM
Gate AVA_USDT
Aster AVAUSDT
Bybit AVAUSDT
Bitget AVAUSDT
Binance AVAUSDT
Variational Omni AVA
BingX AVA-USDT